Needs vs. Wants — Answer Key
Part A: Multiple Choice
Circle the best answer for each question.
1. Which of these is a community need?
A) A candy shop
B) A hospital for sick people
C) A toy store
D) An ice cream truck
Hospitals help sick and hurt people in the whole town, so a hospital is a true community need.
2. Saving money means you:
A) Spend it fast on candy
B) Put some aside for later
C) Lose it at the store
D) Give it all away today
Saving is setting money aside now so you can buy something you want or need later.
3. Which is a community need, not a personal want?
A) A new doll for you
B) The police who keep us safe
C) A pack of gum
D) A birthday cake
Police protect everyone in a community, so the police are a community need, not a personal want.
4. If you want a $10 toy but only have $2, the best plan is to:
A) Take the toy anyway
B) Cry until you get it
C) Save money each week until $10
D) Forget the toy forever
Putting money away each week grows your savings, so later you can buy the ten dollar toy fairly.
Part B: Fill in the Blank
Write the correct answer on each line.
1. A school is a community need that helps kids learn.
Schools help many kids in a town learn to read and count, so a school is a community need.
2. Putting money away for later is called saving.
Saving keeps some money safe so you can buy a bigger want or handle a surprise need later.
3. A piggy bank is a good place to keep coins safe.
A piggy bank keeps coins in one place, so saving money at home becomes easy and fun for kids.
4. Firefighters help the whole town, so they serve the community.
Firefighters protect homes and people everywhere in town, so their work serves the whole community.
5. If you save a little each week, your money will grow.
Adding coins week after week makes your savings grow, so later you can buy the want you planned for.